What are the responsibilities and job description for the PGIM Private Capital - Portfolio Analyst, Direct Lending position at PGIM?
Job Classification :
Investment Management - Investments
Role Description
This is an Analyst position within the Portfolio Management team of PPC Direct Lending. We invest in middle-market companies primarily in the US and Western Europe in buyout transactions, refinancings, recapitalizations, growth investments, and more. The PM team is responsible for overseeing a $5bn AUM portfolio of private credit loans and serves as the eyes and ears of our portfolio. You will monitor issuer performance, analyze portfolio performance, and provide insights directly to our investment committee that will impact investment decisions.
You will be working with a tight-knit team and interact with investment professionals across many different groups and offices with a direct line to the Head of Portfolio and Underwriting. We are a fast-growing team that will allow you to get involved in different parts of the business and special projects including data analysis, fundraising, and securitization (CLO). This role will teach you the full anatomy of how investments and funds operate in one of the fastest growing asset classes.
What you can expect
- Challenging and interesting work - we are one of the largest investors in the private capital markets
- Formal structured training alongside on the job training
- Foundational, broadly applicable training on how to better understand how to manage a portfolio of investments and have direct impact in the lifecycle of an investment
- Being a part of a large, vibrant and diverse cohort of Analyst Program peers across the globe
- Direct, daily partnership with senior level investment professionals across multiple teams and offices
- A collaborative and collegial team environment where your contributions have a major impact
- Exposure to a broad range of industries including technology, service, manufacturing, consumer products, and financials
- A fast-paced learning environment while maintaining a balanced life
Day to Day Analyst Responsibilities
What you will bring
What will set you apart
We know not everyone will meet 100% of the requirements, however we encourage you to apply if you think your skills are a good fit for this role.
About PPC Direct Lending
PPC Direct Lending is the direct lending strategy within PGIM Private Capital responsible for originating, underwriting, and managing a portfolio of privately placed leveraged loans for middle market issuers ($10-100 million of EBITDA). These loans are originated from the PPC regional office network as well as the dedicated central PPC Direct Lending team via private equity and family office sponsors, advisors / intermediaries, other direct lending partners, and directly from issuers. PPC has been originating leveraged loans for 20 years on behalf of Prudential's balance sheet. PPC is currently investing out of its second third-party fund, PGIM Senior Loan Opportunities II (PSLO II) with a target of $3.0bn in commitments, as well as various other vehicles including a BDC and CLO.
A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE
As the Global Asset Management business of Prudential, we're always looking for ways to improve financial services. We're passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world. We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you'll unlock a motivating and impactful career - all while growing your skills and advancing your profession at one of the world's leading global asset managers! If you're not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that's investing in your future by shaping tomorrow today.
At PGIM, You Can!
What we offer you :
Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.
Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.
Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition or any other characteristic protected by law.
If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com.
If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.
Salary : $1,600
